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Confused about JEE Mains & Advanced with two marksheets: Will it be a problem?

Radheshyam

Radheshyam Zanwar  |1058 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Sep 28, 2024

Radheshyam Zanwar is the founder of Zanwar Classes which prepares aspirants for competitive exams such as MHT-CET, IIT-JEE and NEET-UG.
Based in Aurangabad, Maharashtra, it provides coaching for Class 10 and Class 12 students as well.
Since the last 25 years, Radheshyam has been teaching mathematics to Class 11 and Class 12 students and coaching them for engineering and medical entrance examinations.
Radheshyam completed his civil engineering from the Government Engineering College in Aurangabad.... more
Mark Question by Mark on Sep 28, 2024Hindi
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Thank you for your reply sir (1) But I will get marksheet with only including Mathematics. Then I will have two Marksheets one of PCB of 2024 and another of isolated Mathematics Marksheet. (2) My PCB marksheet is of year 2024 , if I filled appearing will it create any problem in Counselling? (3) Since I have two Marksheets one of PCB and another Mathematics isolated Will Jee Mains and Advanced Accept two Marksheets and other engineering colleges including iits and nits.

Ans: Welcome back.
It is already cleared that, there will be no problem if you enter as an "Appearing" option.
While filling out the application form, you have to enter the marks subject-wise. Hence there is no obstruction of two mark sheets. At the time of admission, they will check both the marks sheets and will enter separately the scores of physics, chemistry, and mathematics. There will be no issue of admission either to IIT's or NIT's

If you are dissatisfied with the reply, please ask again without hesitation.
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Thanks.

Radheshyam
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Radheshyam

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MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Sep 28, 2024

Radheshyam

Radheshyam Zanwar  |1058 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Nov 22, 2024

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sir do spa and nit’s accept two marksheets ? pcb marksheet from 2024 and math additional subject marksheets from 2025 ?? two separate??
Ans: Welcome back.
(1) For SPA (School of Planning and Architecture): SPA typically follows the eligibility criteria set by the Ministry of Education and may require a consolidated mark sheet or a certificate from the board confirming all subjects taken in a single examination session. If your Math subject is listed separately in a different marksheet from a later year (like 2025), it could be a concern for eligibility or consistency. It's always a good idea to directly check SPA’s admission guidelines or contact their admission office for clarification on this matter.
(2) For NITs (National Institutes of Technology): NITs often accept the mark sheet from the year in which you completed your final school examinations, but if you have an additional subject like Mathematics taken in a different year, it might be accepted as long as the results are clearly mentioned and the additional subject was recognized by the respective board. You should ideally provide both marksheets (if the Mathematics marksheet is from a different year) during the application process, and mention it clearly while submitting documents. For exact details, you can consult the NIT admission guidelines or their helpdesk, especially regarding whether a supplementary marksheet would be acceptable for a subject like Mathematics.

Note: Ensure that both marksheets indicate that they are part of the same educational course and that all necessary details, including subject codes, are provided.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

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T S Khurana

T S Khurana   |197 Answers  |Ask -

Tax Expert - Answered on Nov 23, 2024

Asked by Anonymous - May 11, 2024Hindi
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Can you please suggest on capital gains as per Indian taxation laws arising in the below two queries : 1) property purchased with joint ownership, me and my wife’s name in 2015 at a cost of 64,80,000, housing improvements done for the cost of 1000000 and brokerages of 200000 paid and sold the same property at 10000000 in Dec 2023? 2) 87% of the proceeds got from the deal i.e 8700000, have been reinvested to pay 25% amount in purchasing another joint ownership property in Dec 2023, 3) I have invested in another under construction property in Nov 2023 by taking housing loan, which is on me and my wife’s name worth 1.4 cr, here the primary applicant is me only while wife is just made a Co applicant in the builder buyer agreement and also on the housing loan . So what are the LTCG tax liabilities arising from the above 3 scenarios for FY 2023-2024 and FY 2024-2025. I intend to sale off the property acquired in (2) by Dec 2024 and use that proceeds to close the housing loan for the property acquired in (3), will this sale of property be inviting any tax liabilities if the complete proceeds received from the sale of the property in (2) would be utilised to close the housing loan taken in Nov 2023 for the property in (3) ? Since in FY 23-24, I would be claiming the LTCG from the sale proceeds of 1) invested in the purchase of property in 2), and I intend to sale off this property in Dec 2024, will the LTCG claim be forfeited on the property sale in (1), should I hold this property at least for further 1 year so that sale of this property in 2) will not invite STCG?
Ans: (A). Let's first talk about F/Y 2023-24 :
You jointly sold a Property during the year for Rs.76.80 lakhs (64.80+10.00+2.00), & sold the same for Rs.100.00 lakhs.
You have jointly also purchased Property No.3 (I suppose it is Residential only), for Rs.140.00 lakhs.
You should avail exemption u/s-54 & file your ITR accordingly. Please disclose all details about sale & purchase in your ITR.
02. Now coming to the F/Y 2024-25 :
You intend to Sell Property No.2, which was acquired in 2023-24. Any Gain on Sale of it would be Short Term capital Gains & taxed accordingly.
Alternatively, you may hold this sale of property no.2 (for 2 years from its purchase) & avoid STCG
You are free to utilize the sale proceeds in a way you like, including paying off your housing Loan.
Please note to avail exemption u/s 54 only from investment in property no.3 & not 2.
Most welcome for any further clarifications. Thanks.

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